Working with family
In this fictional case study, not accounting for financial challenges puts a family’s farm transition plan at risk. Their experience highlights the importance of planning for the unexpected, managing cash flow and working together to find solutions.
René Morel and his wife Maggy are dairy and cranberry producers in Quebec who have strategically diversified their business and are focused on setting the next generation up for success.
Working to understand the opinions, perspectives, strengths and challenges of different generations helps farm families thrive. Learn more.
Choosing who will take over the family farm is essential. Here’s what to consider when picking the right person for the job.
Learn how to assemble the right team of farm business advisors to maximize your operation’s profitability and productivity.
In the third webinar of the series, explore if everyone is on the same page in your farm transition. Learn to listen and communicate so that everyone is committed to shared values and goals and building a solid foundation together.
Learn how to assess and summarize your current financial picture while considering your family dynamics.
In the fourth webinar of the series, explore why successful farm transition planning is a team effort. Identify who’s on your professional advisory team and what skills and expertise are needed to fill the gaps.
Should my farming child join my company or start their own? Three experts answer this question from unique perspectives some you may not have thought of – plus tips to help you start thinking transition today.
In the third of a 9-part series, learn how to set a vision, values and goals for your family farm transition.